Director of Risk

Job not on LinkedIn

November 8

Apply Now

Receive Emails with Similar Jobs

Alpaca

WebsiteLinkedInAll Job Openings

API • Fintech • Crypto

Alpaca is a fintech company that provides a comprehensive brokerage and trading platform through a suite of APIs. These APIs enable developers and businesses to integrate algorithmic trading, app development, and embedded investing into their services. Alpaca offers services like trading in US stocks, ETFs, and cryptocurrency with options for local currency transactions. The company is recognized for its cyber security practices and is a member of FINRA and SIPC. Alpaca is ideal for fintech startups, broker-dealers, hedge funds, and other financial services looking to build sophisticated trading applications and platforms with minimal friction through their well-documented Broker API.

201 - 500 employees

🔌 API

💳 Fintech

₿ Crypto

📋 Description

• Developing, maintaining and adapting Key Risk Indicators (KRIs) as the business evolves and scales • Performing independent reviews and stress testing • Designing policies and control frameworks • Assessing new products or business changes • Providing 2nd line of defence challenge to front-office risk management • Identify and manage risks to the organization, its employees, stakeholders, assets, and operations, and develop risk management strategies, objectives, and policies that establish the framework, tools, and procedures to achieve successful risk identification and management within best practice standards. • Be the primary owner for Risk and Control Self-Assessment (RCSA) and internal testing program. • Be the primary owner for due diligence related to onboarding and offboarding of correspondents/partner firms. • Research incidents and issues with the appropriate person(s) and document from identification to resolution. • On an ongoing basis, recommend and implement changes to firm policies and procedures as necessary. • Provide guidance and training to promote risk control awareness, ownership and accountability. • Monitor and analyze risks within the business units, including losses due to unsecured debits, and effectively provide reports to the Firm’s Risk and Controls Committee. • Engage and develop effective working relationships to support cooperative responses to risk management matters and issues. • Assumes responsibility for special projects; gathers data and prepares reports for senior management, auditors and other personnel.

🎯 Requirements

• Bachelor's degree or Associate’s degree in Law, Finance, Business or related discipline or the equivalent combination of experience and education. • 5+ years of experience with a regulator or at a broker-dealer in the financial services industry. • FINRA Series 7 and 24 (an ability to get Series 4 within 3 months from start date) • Working knowledge of investment products and services offered by a broker-dealer and the related SEC and FINRA rules and regulations. • Ability to keep issues appropriately confidential. • Strong attention to detail, accuracy and reliability with the ability to thrive in a fast-paced environment. • Experience in implementing and maintaining policies and procedures. • Ability to work effectively and collaboratively across multiple teams in a remote work environment. • Self-starter with the ability to work independently under minimal supervision. • Must possess the ability to adapt to a changing business and regulatory environment. • Must be able to handle stressful situations while maintaining a calm and professional demeanour. • Enjoy challenges and take ownership of new responsibilities as required.

🏖️ Benefits

• Competitive Salary & Stock Options • Health Benefits • New Hire Home-Office Setup: One-time USD $500 • Monthly Stipend: USD $150 per month via a Brex Card